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Iran Again Attacked Gulf Countries. Oil Is Climbing Further.

Brent crude climbed 57 cents to $96.20 a barrel as missiles and drones hit Gulf targets and Kuwait intercepted incoming attacks.

Summary by IBTimes
Kuwait said it intercepted missiles and drones launched from Iran.

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Brent oil price above $96 per barrel after Iran fires missiles at Kuwait

Oil prices have gained more than 7% this week The U.S. and Iran have traded military strikes this week for the first time since July.

·Englewood Cliffs, United States
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Oil gained strength in the midst of the new military escalation between Iran, the United States and its Gulf allies, while Kuwait reported missile and drone attacks.

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IBTimes broke the news in New York, United States on Thursday, September 3, 2026.
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